Friday, March 12, 2010

glyph flipping

Wut?!?

I’ve noticed a particularly industrious dwarf buying out my low-priced glyphs and reposting up around my cap limit.

Art imitates nature?

I should be annoyed but in fact for lowbies or for those making their first stack it’s a great scheme. You want a gold boost? Get out there and get on with your herbing/mining + skinning then when your stake is big enough buy out a bunch of low priced glyphs and reset back to the post limit (that's for roughly 10 times your original outlay on my server). All you need to do then is join the repost cycle and get a few wins – voila you’ve just had a very nice return on your original investment.

Glyph flipping – seemed like a bad idea when I first caught him at it but in the right circumstances it’s very effective.

I should be annoyed but just can’t bring myself to get cross at the little fellah – he reminds me of me.

M

Sunday, March 7, 2010

at gold limit

I certainly am!

Here’s my guy – looks happy eh? Trust me he does, that’s how nelfs look when they’re happy.


It's taken 11 weeks work to get from 38K to here. That’s an average weekly income of about 16,000G per week. And the knowledge that in the future nothing that requires gold in this game will be out of my reach. It’s a good feeling.

Here’s the breakdown by week:

Starting capital – 38,000
W1 – 48,324 (10,324)
W2 – 64,205 (15,881)
W3 – 78,435 (14,231)
W4 – 92994 (14,559)
W5 – 107,769 (14,775)
W6 – 118,745 (10,976)
W7 – 143,015 (24,270)
W8 – 153,582 (10,567)
W9 – 170,421 (16,839)
W10 – 195,322 (24,901)
W11 - 218,256 (22,934)


Markets I am involved in are Tailoring, Inscription, Alchemy, Jewelcrafting and Enchanting.


I got into chant scrolls late but the numbers show their relative power (the 81K is on my chant scroll alt) – there’s work involved but if I wanted to have a big week then I knew I’d need to have a fully stacked scroll list up on the AH. DKs, druids and warriors were well represented in terms of glyph purchasing patterns - multiple trees being used for deeps or tanking really put these classes into the "respectable earner" category.

Overall I’m pleased as punch to have pulled it off. I remember when I engaged my first farmer– it was a stretch to make that deal, something very different to what I was used to in wow. Farmer number 1 sent me about 24 stacks in the mail per week at 12.5G/stack. I’m still working with him, it’s just that now I have at least 2 or 3 other farmers all of a much larger scale supplying on average 200-350 stacks per week.


What’s next? Well, I’ve said a bit on that already but I should add that I there’ll be some skiting to a few close friends and then I’ll move on to the next stage of both wow play and wow gold for me. I would be lying to you if I didn’t admit that I’ll be doing this with a very self-satisfied glow. I'll also be spending some of the gold I've been earning - as we speak I'm back down to 198K having grabbed one of these from the AH and got going on the primordial saronite I'll need for crafted gear.

I hope you guys have enjoyed coming on this part of the journey with me – gold updates will no longer be weekly but I’ll still be cataloguing my experiences as I refine processes and look for new ways to make da goldz!

All the best,

Mogul.

Wednesday, March 3, 2010

week 9 & 10 update

Greetings friends,

Here’s numbers for weeks 9 and 10:

Total liquid - 195,322G

This week’s gold – 24,901G

Total liquid - 170,421G

Week nine gold – 16,839G

As I write this I’m over the 200K mark and closing in fast – I’m thinking that I’ll cap sometime early next week : )

Then what… ?

Refinement that’s what!

I’ve definitely felt the pull towards making cap but after this am keen to see if there’s better ways to do what I’m doing. I’ll be focussing primarily on time and money exercises – better ways to track inventory, new addons for following AH data, maxing professions and even levelling characters to fill out my crafting profile (I see a DK in my future O.o) Basically a total revamp on how I conduct my business – I’ll keep you guys front and centre on that journey.

I’ll also be doing a bunch of min/maxing on my raiding toon. Our 10 man raiding guild and recently brought down LK which was a total buzz! On my bear I’ll be will be making the most of blitzing ICC as I won’t be raiding in Cata. You’ll hear less about this but a bit will no doubt filter through ; )

Making gold will still be uppermost in my activities though. I’ve plans to put about 30K against a campaign in the glyph market to weed out the cappers and will be making my third guild bank to hold the stock I seem to be accumulating at a rate of knots. Also I’m going to need the space as I stockpile heading towards cata.

I’ll be spending the goldz too : ) My mage who was my old main will be getting some nice gear and I’ll be vanity petting out my druid (who’s almost at the 75 pets). There’s also a vanity mount in my future, not a motorcycle (unless I can ride it in bearform) but definitely something fun.

In short – after cap I’m gonna enjoy my wealth and set about making a heap more.

Cheers guys,

Mogul.